February 2020

GLOBAL CHROME SNAPSHOT: European alloy prices keep rising amid increased inquiries

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday February 14.

IN CASE YOU MISSED IT: 5 key stories from February 13

Here are five Fastmarkets MB stories you might have missed on Thursday February 13 that are worth another look.

FOCUS: Oversupplied Chinese FeCr market faces new challenge in coronavirus

Chinese smelters increased their high-carbon ferro-chrome production over the past year to an unprecedented level that exceeded demand from downstream stainless steel mills, putting pressure on both alloy and chrome ore prices.

Transport problems support China’s domestic ferro-chrome market

The ferro-chrome price in China has jumped in the week to Friday February 7 after road travel restrictions imposed by the authorities to control the spread of the novel coronavirus led to problems with raw material supply and deliveries of alloy to stainless steel mills.

GLOBAL CHROME SNAPSHOT: Chinese domestic ferro-chrome price jumps on Coronavirus restrictions

Key data from the pricing sessions in Europe, the United States and Asia for the week ending Friday February 7.

IN CASE YOU MISSED IT: 5 key stories from February 6

Here are five Fastmarkets MB stories you might have missed on Thursday February 6 that are worth another look.

Coronavirus impact on key parts of the steel supply chain: Chrome ore and alloy

Most ferro-chrome smelters had covered their ore needs for this week and logistics disruptions are minimal between ports and many major smelters. But logistics disruptions are hitting mills as they seek alloy. Predictions of higher prices have not been realised so far.

Glencore 2019 ferro-chrome output down 9% on maintenance

Glencore’s ferro-chrome production dropped by 9% in 2019 due to maintenance taken during periods of high costs and low prices, the trader-miner announced on Tuesday February 4.

IN CASE YOU MISSED IT: 5 key stories from February 3

Here are five Fastmarkets MB stories you might have missed on Monday February 3 that are worth another look.

Chrome market weighs effects of Chinese travel restrictions

The UG2 chrome ore and ferro-chrome alloy markets in China were stable over the week ending on Friday January 31, although some market participants think travel restrictions could push up prices when buyers return from the Chinese New Year holiday.